odd enough

was looking at a motor and came across an odd problem.
it overheated and blew some white smoke. assuming coolant seeing as there was none left in the rad.
refilled the coolant system flushed and what not. did a compression test and got 160 across the board.
started the car and it was spitting oil like a bitch out the tail pipe.
at first im thinking head gasket, which is metal but dont think that matters. but with the oil im thinking turbo seal?

any ideas?

Oil in the exhaust could just be the turbo. Any oil in the combustion chamber because of blow by wouldnt come out the tail pipe as a liquid. Cant explain the coolant problem tho.